HRM 360 Data Analysis Checklist Tom M

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School

Southern New Hampshire University *

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360

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Information Systems

Date

Apr 3, 2024

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docx

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Uploaded by MinisterHummingbird3292

HRM 360 Data Analysis Checklist Template Checklist Investigation Steps (Milestone One) Determine what information is required for the research. Identify how to access the data in the human resource information system. Calculate the turnover rates for tellers in all branches. Assimilate data into spreadsheets. Research external sources to determine turnover trends. Complete comparison of internal turnover data with external trends. Draw conclusions based on the internal and external data (e.g., turnover at trend, turnover higher or lower than trend). Develop a PowerPoint presentation with information and conclusions. Identify key stakeholders for a discovery meeting. Investigation Steps Reasoning Behind Your Choice •Determine what information is required for the research. To properly conduct research, we should know the information types that are needed to be collected. •Identify how to access the data in the human resource information system. Once the data needed has been identified we will need to know how to properly access the data in the HRIS system. •Assimilate data into spreadsheets. Once raw data has been compiled, we will need to translate the data into easy to read and organized data to properly analyze. •Calculate the turnover rates for tellers in all branches. The turnover rate can only be calculated once the data has been compiled and put into spreadsheets. The spreadsheets will help with formulas and organization. •Research external sources to determine turnover trends Utilizing external sources will help give better context to our internal numbers. We can use the external data to perform comparative analysis •Complete comparison of internal turnover data with external trends. Comparing the two data sets will help identify trends and potential areas of improvement. Can only be completed once internal and external data are compiled and organized. •Draw conclusions based on the internal and external data (e.g., turnover at trend, turnover higher or lower than trend). Once the comparison is complete, we will be able to understand the trends to greater affect and begin to begin an action plan. •Identify key stakeholders for a discovery meeting. We have the necessary data and potential action plan, now we must understand the key stakeholders to create the presentation for. Crafting the presentation to the audience will ensure the best understanding of the material. 1
Investigation Steps Reasoning Behind Your Choice Develop a PowerPoint presentation with information and conclusions. Using the information gathered we will create a presentation for the key stakeholders. This will include charts and graphs that are easy to read and will convey the suggested action plan. Data Sources (Milestone One) [Use this section to identify the data resources (internal and/or external) that will be used in the upcoming analysis and their purpose. Consider what types of data would be necessary to complete the above steps. Consider where you might find the information and document where it might be found.] Data Analysis (Milestone Two) Turnover Rate: [Use this section to determine the turnover rate on an annual basis for the teller position for each of the three bank branches.] Average Pay Rate: [Use this section to determine the average pay rate for the teller position and the time in the position by branch.] Average Market Pay Rate: [Use this section to determine the average market pay rate for teller positions by years of experience.] Other Considerations: [Use this section to discuss potential reasons for the teller turnover.] Data Sources: [Use this section to document the external data sources used in your research and why they are credible.] 2
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